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Midwest wholesale ethanol rose to about 214 cents per gallon, and FOB Houston gained 16.2% over the prior week. MTBE and BTX aromatic prices also climbed sharply, and Brazilian ethanol remained at a premium to Gulf prices.
Firmer ethanol and gasoline-blend component prices lift ethanol margins and corn grind economics, while the Gulf-Santos spread affects export flows of US ethanol.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.